| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $0 | — | — | — | — |
| Op. Income | -$62M | — | — | — | — |
| EPS (Diluted) | $-4.75 | — | — | — | — |
| Free Cash Flow | -$8M | — | — | — | — |
| Item | Amount |
|---|---|
| REVENUE | $0 |
| Cost of Revenue | $13M |
| GROSS PROFIT | -$13M |
| R&D Expenses | $31M |
| Selling & Marketing | $1M |
| General & Administrative | $20M |
| SG&A Expenses | $21M |
| Other Expenses | -$3M |
| Operating Expenses | $49M |
| Cost & Expenses | $62M |
| OPERATING INCOME | -$62M |
| Interest Income | $2M |
| Interest Expense | $8M |
| Other Income/Expenses | -$337M |
| INCOME BEFORE TAX | -$399M |
| Income Tax Expense | -$8M |
| Net Income from Continuing Ops | -$390M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$390M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$390M |
| D&A | $1M |
| EBIT | -$391M |
| EBITDA | -$390M |
| EPS | -$5 |
| EPS Diluted | -$5 |
| Item | Amount |
|---|---|
| Net Income | -$390M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | -$8M |
| Other Non-Cash Items | $381M |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | -$8M |
| Capital Expenditure | -$217.1K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | $595.9K |
| Net Debt Issuance | -$560.9K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $25.6K |
| NET CASH FROM FINANCING | -$535.3K |
| FREE CASH FLOW | -$8M |
| Net Change in Cash | -$9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $84M |
| Short-Term Investments | $0 |
| Net Receivables | $14M |
| Inventory | $0 |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $111M |
| PP&E (Net) | $7M |
| Goodwill | $0 |
| Intangible Assets | $35.1K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $7M |
| TOTAL ASSETS | $117M |
| Account Payables | $10M |
| Short-Term Debt | $323M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $949.2K |
| TOTAL CURRENT LIABILITIES | $347M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $6M |
| TOTAL NON-CURRENT LIABILITIES | $8M |
| TOTAL LIABILITIES | $355M |
| Common Stock | $90.3K |
| Additional Paid-In Capital | $807M |
| Retained Earnings | -$1.2B |
| Treasury Stock | -$1M |
| Accum. Other Comp. Income | $171M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$237M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$237M |
| TOTAL LIABILITIES & EQUITY | $117M |
| Total Debt | $326M |
| Net Debt | $243M |
